Doppler Finance is a DeFi protocol built on the XRP Ledger XRPL. It aims to provide yield-generating opportunities for XRP holders within the XRPL ecosystem, introducing a concept termed "XRPfi." The platform allows users to deposit XRP and other XRPL assets to earn yields, leveraging centralized DeFi (CeDeFi), DeFi, and real-world asset (RWA) sources. Doppler Finance offers services like liquid staking for XRPL sidechains and lending protocols, aiming to activate idle XRP by transforming it into productive assets. The platform also runs a Doppler Points (DP) campaign, rewarding early users based on deposit values.
In August 2025, Doppler Finance raised $3M. This funding round marked Doppler's intention to drive innovation in yield products and blockchain finance integrations. At the same time, Doppler introduced the RLUSD Vault, enabling users to earn USD-denominated yield on both XRP Ledger and Ethereum, expanding cross-chain support and broadening its institutional appeal.
Doppler also partnered with D’CENT wallet, to make institutional-grade XRP-native yield available to D’CENT users, further integrating its yield infrastructure with major hardware wallets.
In September 2025, VivoPower committed $30M to Doppler Finance as the first deployment in a planned $200M XRP Treasury yield program, underscoring institutional trust and utility for Doppler’s yield products. Furthrtmore, Doppler Finance also participated as a platinum sponsor and key contributor at XRP Seoul 2025, highlighting its role within the XRP global ecosystem.
By October 2025, Doppler secured a strategic partnership with Bitget, bringing advanced XRP yield infrastructure to Bitget Earn, signaling further maturation of institutional-grade DeFi for XRP.